Trade growth momentum to improve quality and efficiency

China's total import and export value of goods trade in the first half of this year was 14.12 trillion yuan, up 7.9 percent over the same period last year, and the quality and efficiency of foreign trade development were further improved, huang songping, spokesman for the general administration of customs, said at a press conference on July 13.
The international economy continued to recover and external demand improved.In the first half of the year, the international economy recovered moderately, commodity prices rose on the whole, and international trade maintained a relatively fast growth. The international monetary fund, the world trade organization and other major international institutions remained relatively optimistic about the global trade growth rate of the world economy in 2018.The sound fundamentals of the world economy and international trade provide favorable external conditions for the growth of China's foreign trade.
The domestic economy is making steady progress while demand continues to improve.Since the beginning of this year, China's economy has maintained a stable and steady development, with several economic indicators rising steadily.In terms of the manufacturing sector, China's manufacturing purchasing managers' index has remained within the business range in all months of this year, indicating that the manufacturing sector continues to expand.At present, the domestic economy is running well, which lays a foundation for the stable operation of China's import and export.